Procedure for Registration and Monitoring of DEEC/ADVANCE AUTHORISATION SCHEME- Reg

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....04.2015, 20/2015-Cusdated 01.04.2015, 21/2015-Cusdated 01.04.2015 and 22/2015-Cusdated 01.04.2015, issued to operationalize the Advance Authorization scheme, Advance Authorization scheme for Annual requirement, Advance Authorization scheme for deemed export and Advance Authorization scheme for export of prohibited goods respectively under the Foreign Trade Policy 2015-2020. 2. The procedure followed for Registration and Monitoring of DEEC/ADVANCE AUTHORISATION SCHEME under above mentioned notification has already been prescribed vide Public Notice No. 78/2009 dated 21.10.2009, as amended vide Public Notice No. 11/2011 dated 10.02.2011. For the ease of all stakeholders, the following amendments/modifications are hereby prescribed in the P....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 2.2A1(iv) of Public Notice 78/2009 dated 21.10.2009), the importer will havean option to furnish one time Bond in respect of a particular AA for all future import consignments at JNCH under the said AA subject to following conditions: I. The bond shall mention about liability clause for all imports made under a particular AA from JNCH under the said AA as prescribed under Notification; II. In case the authorization contains name/names of co-licensee/supporting manufacturer, the bond to be executed by all such parties making them jointly and separately liable for violation of any post import conditions of the import; III. The Bond will be executed in two copies i.e. "Custom copy" and "Importer's Copy" and will con....